Had my perf. review recently, got top rating. Base went up 6.5%, and I got some stock - not a lot (private company, so paper $, not Amazon). Is this good or bad? First perf. review for me. TC ~200
Anything above 5% for merit increase is really good in most companies
With inflation around 5%, anything less is a pay cut in terms of real buying power.
Your point is irrelevant, what matters is the industry standard
I got a higher increase previously with a MA than I did recently with an EE. I assume this has a lot to do with where you are in the normal salary band for your role and level and not just about your performance. If you are already high in your band your raise will probably be smaller regardless of your performance.
I’ve spoken with peers and learned that I’m on the lower/middle side of the band which is why 6.5% feels relative small.
Probably means you were underpaid
6.5% with top rating seems low. Inflation alone accounts for 5%. If you were low in your band and you get a top rating you should be adjusted toward the top. Stock means more the salary in the long run, but hard to know how much you should get unless you compare to peers.
I got a 1.1% raise so I think you did fine
When do you have performance reviews? Isn’t it later
Isn’t “greatly exceed” the top rating?
They word it differently where I work, same concept I’m sure
YOE?
1
Tech Industry
Yesterday
1711
Women, help me understand why this is inspirational
India
2h
251
'Hindutva': The Radical Hindu Ideology That Seeks to 'Push Christianity Out of India’
Health & Wellness
Yesterday
631
Lasik cost
Tech Industry
Yesterday
3019
What happens when most of your team is Indian?
2024 Presidential Election
Yesterday
300
Make your choice
Pretty good